Discover Financial Services (DFS)

NYSE: DFS · Real-Time Price · USD
172.77
+0.27 (0.16%)
Nov 20, 2024, 4:00 PM EST - Market closed
0.16%
Market Cap 43.38B
Revenue (ttm) 11.69B
Net Income (ttm) 3.11B
Shares Out 251.07M
EPS (ttm) 12.39
PE Ratio 13.95
Forward PE 13.76
Dividend $2.80 (1.62%)
Ex-Dividend Date Nov 21, 2024
Volume 1,968,589
Open 172.76
Previous Close 172.50
Day's Range 171.76 - 173.64
52-Week Range 85.20 - 188.26
Beta 1.40
Analysts Buy
Price Target 141.13 (-18.31%)
Earnings Date Oct 16, 2024

About DFS

Discover Financial Services, through its subsidiaries, provides digital banking products and services, and payment services in the United States. It operates in two segments, Digital Banking and Payment Services. The Digital Banking segment offers Discover-branded credit cards to individuals; personal loans, home loans, and other consumer lending; and direct-to-consumer deposit products comprising savings accounts, certificates of deposit, money market accounts, IRA certificates of deposit, IRA savings accounts and checking accounts, and sweep ... [Read more]

Industry Credit Services
Sector Financials
IPO Date Jul 2, 2007
Employees 21,100
Stock Exchange NYSE
Ticker Symbol DFS
Full Company Profile

Financial Performance

In 2023, DFS's revenue was $9.84 billion, a decrease of -9.99% compared to the previous year's $10.93 billion. Earnings were $2.86 billion, a decrease of -33.29%.

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for DFS stock is "Buy." The 12-month stock price forecast is $141.13, which is a decrease of -18.31% from the latest price.

Price Target
$141.13
(-18.31% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Telered and Discover® Global Network Sign Strategic Alliance, Increasing Acceptance for Cardholders

RIVERWOODS, Ill., & PANAMA--(BUSINESS WIRE)--Today, Telered hosted representatives from Discover Global Network to mark the beginning of their work together. Telered, through the Sistema Clave system,...

5 days ago - Business Wire

How Trump will transform banking regulation — even with Powell at the Fed

Regulatory change takes time, but Trump can make several moves immediately to gain control of bank supervision and M&A approval.

Other symbols: COFKBESCHW
9 days ago - Market Watch

Shares of Companies with Big Merger Plans Jump After Trump Election

Donald Trump's re-election and his call to cut government regulation on Wednesday helped boost shares of companies hoping to get regulatory approval for their mergers.

Other symbols: ACICLFCOFKRX
14 days ago - Investopedia

Big Banks, Credit Card Shares Jump After Trump Win

Financial stocks rose Wednesday after former President Donald Trump won the 2024 U.S. presidential race over Vice President Kamala Harris.

Other symbols: BACCCOFGSJPMMSSYF
14 days ago - Investopedia

Bank stocks soar as Trump victory expected to lead to looser regulatory backdrop

Banks have been pushing all year to loosen capital requirements and are also expected to benefit from potential tax cuts.

Other symbols: BACCCFGCOFGSIATJPM
14 days ago - Market Watch

Discover® Global Network Study: Slow Payments and Fraud Prevention Are Pivotal Growth Opportunities in Consumer and Merchants Segments

RIVERWOODS, Ill.--(BUSINESS WIRE)--Discover® Global Network, a leading global payment network, released the third portion of its 2024 Payments State of the Union, the most comprehensive study of its k...

23 days ago - Business Wire

Discover Financial Services: Well-Positioned If The Acquisition Fails

Discover Financial Services is a strong investment with a P/E of ~10, robust credit metrics, and a 2% dividend, even if the Capital One acquisition fails. The company's 3Q24 results show nearly $1 bil...

26 days ago - Seeking Alpha

New York Investigating Proposed Capital One-Discover Deal

New York Attorney General Letitia James is reportedly investigating Capital One's proposed acquisition of Discover Financial Services. James asked a court for permission to issue subpoenas to Capital ...

Other symbols: COF
4 weeks ago - PYMNTS

New York probing whether Capital One-Discover merger violates antitrust law

New York Attorney General Letitia James is investigating whether Capital One's proposed takeover of Discover Financial Services violates the state's antitrust law.

Other symbols: COF
4 weeks ago - Reuters

Discover CFO: Cautious Consumers Cause Slide in Card Volume

Discover Financial Service's third-quarter earnings results offered evidence that an acquisition by Capital One is on track. As for the state of the consumer, caution abounds, and many households are ...

4 weeks ago - PYMNTS

Discover Financial Services (DFS) Q3 2024 Earnings Call Transcript

Discover Financial Services (NYSE:DFS) Q3 2024 Earnings Conference Call October 17, 2024 8:00 AM ET Company Participants Erin Stieber - SVP, Financial Planning & Analysis and Investor Relations Micha...

4 weeks ago - Seeking Alpha

Discover Financial, SEC Working to Resolve Misclassification Matter

The SEC's comments largely focus on the allocation of previously incurred card misclassification charges between revenue and expense, Discover said.

5 weeks ago - WSJ

Discover Financial quarterly profit jumps on robust interest income, lower provisions

Discover Financial's third-quarter profit jumped 43% as the U.S. credit card issuer's net interest income climbed and its provisions for potential sour loans fell, the company said on Wednesday.

5 weeks ago - Reuters

Discover Financial Services Reports Third Quarter 2024 Net Income of $965 Million or $3.69 Per Diluted Share

RIVERWOODS, Ill.--(BUSINESS WIRE)--Discover Financial Services (NYSE: DFS): Third Quarter 2024 Results   2024(1) 2023 YOY Change Total loans, end of period (in billions) $127.0 $122.7 4% Total revenue...

5 weeks ago - Business Wire

Discover Reaches Goal of 1,000 Active Jobs in the Chatham Area, Fulfilling 3-Year Commitment to Chicago's South Side

CHICAGO--(BUSINESS WIRE)--Discover® announced today that it has reached 1,000 active jobs as of this fall in the Chatham area. This achievement is a realization of its investment in people and its ong...

5 weeks ago - Business Wire

Dividend Stocks With Strong Q4 Seasonality

Entering October is the strongest period of the year for three-month returns, and shorter-term returns are also some of the best. Here we take a look at 30 dividend stocks in the S&P 500 that have bee...

Other symbols: ABBVBACBKBLKCATCFGCI
7 weeks ago - Seeking Alpha

Discover Financial Services Announces Third Quarter 2024 Earnings Release on October 16, 2024, and Conference Call on October 17, 2024

RIVERWOODS, Ill.--(BUSINESS WIRE)--Discover Financial Services (NYSE: DFS) plans to report its Third quarter 2024 results after the market closes on Wednesday, October 16, 2024. The earnings release w...

7 weeks ago - Business Wire

Discover Financial: A High-Return, Asset-Light Play With Big Growth Potential

Discover Financial Services offers high profitability, capital returns, and growth prospects, driven by its focus on high-margin credit card operations. DFS's robust capital position, profitability, a...

2 months ago - Seeking Alpha

Good Value Despite Discover's Stalled Merger

Discover Financial Services enjoys consistent growth, a healthy balance sheet in spite of a merger that may not go through. Declining credit losses and the exit of the student loan portfolio are expec...

2 months ago - Seeking Alpha

Ex-Discover Exec Sues to Recoup Pay Ahead of Capital One Merger

A lawsuit by a former Discover executive claims the company wrongfully revoked millions in compensation. The lawsuit, filed Wednesday (Sept.

Other symbols: COF
2 months ago - PYMNTS

Capital One slams 'speculative' consumer lawsuit over $35 bln Discover deal

Capital One and Discover Financial Services are defending their proposed $35 billion merger in a U.S. court, asking a Virginia judge to dismiss a consumer lawsuit that claimed the deal will reduce com...

Other symbols: COF
3 months ago - Reuters

DISCOVER FINANCIAL SERVICES INVESTOR REMINDER: Scott+Scott Attorneys at Law LLP Investigate Discover Financial Services' Directors and Officers for Breach of Fiduciary Duties – DFS

NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether the leadership of Discover Financ...

3 months ago - Business Wire

KBW analysts recommend these 11 financial stocks after the market sell-off

As financial stocks bounced back Tuesday from steep losses, KBW Research has recommended 11 financial stocks for investors to consider buying based on two categories: oversold or idiosyncratic with ca...

3 months ago - Market Watch

TNR, The Niche Research Reports: Discover the Surging Demand Fueling Nematicides Market Growth

Growth of Nematicides Market is Driven by the Increasing Prevalence of Nematode Infestations in High-Value Crops, Necessitating Effective Pest Management Solutions Growth of Nematicides Market is Driv...

4 months ago - GlobeNewsWire

Discover Financial Services Recognized as a 2024 Best Place to Work for People with Disabilities

RIVERWOODS, Ill.--(BUSINESS WIRE)--For the fourth straight year, Discover has earned a 100 score on the Disability Equality Index and been recognized as a 2024 Best Place to Work for People with Disab...

4 months ago - Business Wire